the UAW has no reason to agree to any cuts.

They long ago started work on killing the Goose That Laid the Golden Eggs.
They finished their work in the sixties and seventies, its just taken that long for rigor mortis to set up in the corpse.
They couldn’t bury the corpses in Galveston, after the hurricane in 1900, but we can still bury this one.

during the hearings in December. Without an upfront commitment to union salary and benefit cuts, it is a waste of time to continue negotiations.

I also read that the Unions don’t want GM stock as right now it isn’t worth much and, there is no guarantee that it will improve as the company is very shaky right now. They want the cash. They are laying off 10,000 white collar workers, the rest are getting a 10% pay cut, and they have offered something like 65,000 hourly workers buy outs. I believe the bailout money cannot go toward past excessive buy out amounts. You are so right, the unions would rather see the company fold under Congressional pressure then to agree to reasonable concessions. This is precisely why I hate unions.

It has been reported that GM has used $1 billion of the bailout money for it’s company in Brazil. They are profitable in Brazil and in other countries as they don’t have the excessive mandates by other countries governments. I believe we will see a whole new GM outside of the US and they will pack up and leave the US.

I just heard this morning on the radio news that Obama doesn’t want a Car Czar, or any one person in charge of the Auto bailout process, even though they would have a complete staff. He believes that Geithner and Summers should be in charge of the bailout and restructuring process, as they can monitor the money and where it is being spent. I see that as King Obama appointing his first born son (Geithner) to centralize all power and control. So far, Prince Geithner has not impressed anyone, and seems to be as inexperienced and incompetent as he. Just another example of the Libs rewarding lapdogs.

I guess Obama is finding out just how hard it is to have total control over his administration and the Libs in Congress.

We no longer need GM or Chrysler. I will buy Fords as they took no money, but I will never ever buy another GM or Chrysler since those companies are now on the dole and go against everything this country used to stand for!

Lots of people are out of work and would risk crossing the picket lines to earn money to feed their families. Screw the UAW – let ‘em walk. GM should hire replacements and let the UAW starve.

was union concessions and the union won’t agree to any then GM should have to give the money back and go through the bankruptcy courts just like any other company that is failing. It’s very hard for me to feel sorry for union workers that are making more money then most of the people who are going to be called on to pay for this bailout (U.S. taxpayers).

of GM. If I was a worker there I would start up this campaign. This proves my saying If the union is suppose to represent you to the company, who represents you to the union so they don’t screw you.

Don’t ask anyone for help other than line up “debtor-in-possession” financing. As much as I hate to say this, they will need to stiff the government too; because in this situation they cannot be trusted as an honest broker given the money the UAW has given the Obama and the Dem’s.

Immediately put out a help wanted sign paying $30.00 per hour plus insurance copay allowance. My guess is that in places like Michigan you will here cat calls and complaints of all type, however I bet you are back to full strength of a work force within 60 days from people who want to work hard and are happy to have a job. That’s the way the marketplace works.

There is no reason for GM to continue fighting this. There reputation is already trashed, no one who cares is buying a car from them anyways.

The UAW and the bond holders have both brought this on themselves.

should have gone under years ago.
1)They havn’t built a relevant productother than the SUV and Minivan in the past 20 years.

2)They are bloated with contractual and union agreements that arn’t sustainable.

3)They are stuck paying factory workers entirely too much. Someone without a degree shouldn’t get payed 60-70k a year to do a repetitive job a robot could do.

now I’m not talking about skilled labor or college trained engeneers…but dueto unions regular line workers get great pay with little educational investment on their part, because they ahve the unions behind them